1205 12 SW st - 12th & 12th Development Site 0.22 Acres of Commercial Land Offered at $2,336,602 USD in Calgary, AB T3C 3W9

INVESTMENT HIGHLIGHTS

  • A development permit (DP2024-08296) was submitted to the City of Calgary in November 2024. It is transferable and allows for a shovel-ready project.
  • 1309 12 Ave SW, a multi-residential building directly west of the Site, can be acquired.
  • Plans include two 4-storey buildings with a total gross floor area of 16,805 SF.
  • This would increase the total developable land to approximately 16,300 SF and is zoned CC-MHX, the same as the subject property.

EXECUTIVE SUMMARY

12th & 12th represents an exceptional opportunity to acquire a 100% freehold interest in 9,778 square feet of development land in the Beltline neighbourhood of Calgary, Alberta. The Site represents a shovel ready development opportunity, as there is a pending Development Permit from The City of Calgary to support the development of a boutique mixed-use project. The Site benefits from superior frontage and exposure to 12 Avenue SW. The Site occupies a prominent corner lot position in an urban location that benefits from pedestrian friendly accessibility to numerous grocery stores, restaurants, cafes, and breweries all within walking distance. Available for purchase is a rare opportunity to acquire a development site in a rapidly densifying node, in the highly dynamic Calgary market

PROPERTY FACTS

Price $2,336,602 USD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Mixed Use
Total Lot Size 0.22 AC
Zoning CC-MHX - Centre City Multi-residential High Rise Support Commercial District

1 LOT AVAILABLE

Lot

Price $2,336,602 USD
Price Per AC $10,409,325.21 USD
Lot Size 0.22 AC

DESCRIPTION

The Site occupies a prominent corner lot position at 12 Avenue SW and 12 Street SW, in the Beltline neighbourhood of Calgary, Alberta. • Walking distance to several retail amenities including 17th Avenue SW – Calgary’s entertainment district • A 10-minute walk to the Sunalta train station • Walking distance to the Bow River and the Bow River Pathway • Within a short drive to other trendy communities including Kensington, Bridgeland and Mission.

Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (75)
Bike Score®
Biker's Paradise (98)
  • Listing ID: 35479792

  • Date on Market: 4/14/2025

  • Last Updated:

  • Address: 1205 12 SW st, Calgary, AB T3C 3W9